Naturgy Energy Group (XMAD:NTGY) Effective Interest Rate on Debt % : 4.58% (As of Dec. 2023)

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What is Naturgy Energy Group Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Naturgy Energy Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €720 Mil. Naturgy Energy Group's average total debt for the quarter that ended in Dec. 2023 was €15,733 Mil. Therefore, Naturgy Energy Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.58%.

Naturgy Energy Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Naturgy Energy Group's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Naturgy Energy Group Effective Interest Rate on Debt % Chart

Naturgy Energy Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.37

2.98

3.03

3.53

4.32

Naturgy Energy Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.14	3.27	3.81	4.23	4.58

Competitive Comparison of Naturgy Energy Group's Effective Interest Rate on Debt %

For the Utilities - Regulated Gas subindustry, Naturgy Energy Group's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Naturgy Energy Group's Effective Interest Rate on Debt % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Naturgy Energy Group's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Naturgy Energy Group's Effective Interest Rate on Debt % falls into.

Naturgy Energy Group Effective Interest Rate on Debt % Calculation

Naturgy Energy Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -696	/	( (16260	+	15955)	/ 2 )
=	-1 * -696	/	16107.5
=	4.32 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	13998	+	2262
=	16260

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	13425	+	2530
=	15955

Naturgy Energy Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -720	/	( (15511	+	15955)	/ 2 )
=	-1 * -720	/	15733
=	4.58 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	12778	+	2733
=	15511

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	13425	+	2530
=	15955

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is two times the semi-annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Naturgy Energy Group (XMAD:NTGY) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

Naturgy Energy Group Effective Interest Rate on Debt % Related Terms

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Naturgy Energy Group (XMAD:NTGY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Naturgy Energy Group SA (XMAD:NTGY) » Definitions » Effective Interest Rate on Debt %

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Address

Avenida de Avenida de America 38, Madrid, ESP

Website

https://www.naturgy.com

Naturgy stems from the acquisition of Union Fenosa in 2008. The company operates across the gas value chain, from procurement to distribution and marketing. It owns and operates the largest gas distribution network in Spain and is the leader in retail gas supply. The company also owns and operates gas and electricity distribution networks in Latin America. The company owns 16.20 GW of generation capacity including 3.30 GW of wind and solar.

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